Deere Down After Q4 News

Filed under: Deere and Co (DE)

At the time of this writing, Deere & Company (DE) was down 0.6% to $75.87. Earlier today, the farm-equipment concern issued its Q4 report. You can't call the market overjoyed by the news, but at the same time, this isn't a huge drop. Volume, however, was on the strong side.



According to the Associated Press, Deere made $1.07 per share. This statistic was much better than the loss of 53 cents per share that was booked in the year-ago period (it should be noted, though, that, as the actual press release indicates, last year's adjusted fourth-quarter income was 23 cents per share). Wall Street was interested in seeing at least 95 cents per share.

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Deere Down After Q4 News originally appeared on BloggingStocks on Wed, 24 Nov 2010 17:30:00 EST. Please see our terms for use of feeds.

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